Sole traders would be more prepared to take on an employee if the regulations surrounding employment were eased, a new study has claimed.

Over 100,000 additional apprenticeship places have been created during the past year.

As many as 4.7 million people may have paid incorrect amounts of tax for the year 2010/11, HM Revenue and Customs (HMRC) has said.

The Office of Tax Simplification (OTS) has announced that it is next to direct its attention to pensioners’ tax and share schemes.

The tax authorities are continuing with plans to drop the practice of issuing of National Insurance number cards.

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